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Samsung Foundry Revenue Up 14% on Smartphone Demand

Samsung Foundry’s revenue grew 14.1% quarter-over-quarter in Q3’23 to $3.69 billion, driven by strong orders for mobile phone chips and display components, according to market research firm Trendforce. The demand was fueled by Qualcomm application processor orders for mid-to-low end 5G and 4G Android devices, 5G modems, and Samsung’s own 28nm OLED display driver integrated … Read more